Cooper Gay and Swett & Crawford Acquires Lloyd’s Broker NMB September 23, 2013 Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin...
Vote on Prudential Systemic Risk Designation Was 7-2 September 23, 2013 Prudential Financial Inc., the second-largest U.S. life insurer, was designated systemically important in a 7-to-2 vote by a council of...
EU and Singapore Finalize Details of Far-Reaching Trade Deal September 23, 2013 By Philip Blenkinsop and Rachel Armstrong The European Union and Singapore have finalized the details of one of the world’s most comprehensive free trade agreements, a...
Swiss Re Estimates $240 Million in Claims from German July Hail Storms September 23, 2013 Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July...
Typhoon Usagi Weakens before Hitting China Coast: AIR Worldwide September 23, 2013 According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific...
Mississippi Insurance Agency Owner Charged with Fraud September 23, 2013 A Philadelphia, Miss., man has been charged with multiple counts of insurance fraud. Attorney General Jim Hood said in a...
FEMA Chief Disappoints Senators, Says He Can’t Delay Flood Insurance Rates September 23, 2013 By Andrew G. Simpson Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of...
Report: Traffic Accidents, Fatal Fires Down in New York City September 22, 2013 New York City’s annual report card says the number of residents killed in traffic accidents plunged considerably over the last...
Florida’s Citizens Has New Plan to Shift 200,000 Policies to 8 Private Insurers September 22, 2013 By Gary Fineout Florida’s largest insurer could be shifting thousands more of its policyholders away from the state-created company and into private insurance...
Local Firms in Pennsylvania Take ‘Wait and See’ Approach to Health Care Law September 21, 2013 By Crissa Shoemaker DeBree, The Bucks County Courier Times The mandate that large employers provide health care coverage to their employees has been put off until 2015, but some...